Friday, November 7, 2008

Sacramento County Condo Update

This is a market update for October condo sales in Sacramento county. If you're looking for single family residences, go here.

These numbers are beginning to get pretty boring, aren't they? Nothing much changed, nothing's happened this month that's different from last month, blah, blah, blah. Well, unfortunately it's the same story this month as well. (An indication of bouncing around the bottom, perhaps? Guess we'll see.) 131 condos sold in the month of October and 114 went pending. September had been a strong month for house shopping and October seems to be the beginning of waning off for some people due to the holiday season approaching. Median price for condos is at $110,000. Inventory is at 4.4 months.

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